Peterobiisathie:


https://www.vanguardngr.com/2022/10/analysing-peter-obis-plans-to-remove-import-restrictions-reno-omokri/

JoeNL22:

That is the stat they will tell you.
The best way to know if your economy is strong is through your currency. Go and check Nigerian currency to other nations. You will see that the economy is very bad under Buhari. The economy is -ve, it is not about making money in Nigeria again. The Hyper-inflation will take all the profits made. At the end of the day. What you use 900 naira to buy a piece of clothing that's now 3,500 seven years later. And you tell me Nigeria is a leading economy? They have deceived you, people.

Gent:
I`m an Obidient, l have never criticized him, not even for once. But the removal of import restriction is a big NO, NO to me. This policy go against productivity which he vowed to promote. It will have multiple negative effect on Nigerians, especially the local manufacturers.

Ubekus:
Pls Nigeria should import, these are local producers are killing us, with high increase of money everyday, everybody want to build mansion in one day,so obi is right.

ElSudani:


No country can ever develop by relying on importation of almost everything. Even chicken and the toothpicks to pick your teeth afterwards. If you do that you are keeping the people of other countries employed while your country remains poor.

ElSudani:


Nigeria today is the leading economy in Africa and increase in manufacturing and service industries are responsible for that. It may seem like nothing to you because you are not yet driving around in the latest BMW but Nigeria is definitely moving forward.

bibe:


You asked a question and I answered, no need retorting to insult.
Restriction loosely defined means a limiting condition or measure, especially a legal one. Depending on situation can also man temporary ban with a specified limit or non.
Example, rice importation restrictions can be a temporal or permanent ban. Border restrictions can mean a ban on imports (or ingress) or exports (or egress), like was applied under the current administration.
Having made the definitions clear, do you now understand my submission of do you need further breakdown?
Would you like me to do a juxtaposition of Obis policy using previous examples with the current administration policy and how woeful it's been?

Ttalk:


Don't think you sound intelligent with your argument here, rather it shows your poor understanding of how the economy of a nation work.

Nigeria's economy is in ruin because of over-dependent importation. Peter and Tunde will rather import what they can produce if there are no restrictions because of the quick returns they will get. That type of economy only favors individuals but it kills the country.


Developing a manufacturing base is not a day's work, the level of knowledge and advancement Nigerians have gained due to the banned on the importation of some basic agricultural products cannot be overemphasized. It is not too late to key into any of these opportunities and position yourself for the benefit when the sector matures.

It is very illogical for Peter Obi who want to move the country from consumption to production be talking about removing import restriction, when such a move only encourages consumption and discourage manufacturing.

Please look at this issue objectively because there is none of the candidates ( Obi inclusive) that can afford to remove restrictions on imports of certain goods as the country is struggling with limited forex where our balance of trade is negative.

Presently our import exceeds export that is why there is high and increasing exchange rate. Despite CBN intervention using our reserves, the country continue to witness poor value of Naira.

Develop the infrastructure with emphasis on power, reduce the lending rate and improve on security, also strengthen our legal system and see our production base surge. Our exportation capacity will solve the problem of naira devaluation and not reliance on diaspora remittance to strengthen our currency

SUFFERInSMILIIN:


With all the local production and the giant of local production in Africa we are the poverty capital of the world please explain this to me is it local production or borrowing money which one do you see around you. We are 17 in Africa in investment let's not fool ourselves. This sooner Nigeria is destroyed the better for everybody

Prince001:


Una just like to name calling. I don't like Reno but u I concurred with him on d issue he raises about Obi.
This is d reason una need debate between d candidates with good moderator too.
I for 1 I'm only for Yoruba nation, Biafra republic nuttin more nuttin less!!!!!!

SUFFERInSMILIIN:


With all the local production and the giant of local production in Africa we are the poverty capital of the world please explain this to me is it local production or borrowing money which one do you see around you. We are 17 in Africa in investment let's not fool ourselves. This sooner Nigeria is destroyed the better for everybody

SUFFERInSMILIIN:


95% of the local producers are in massive debts when you spend 100 Naira in Nigeria 120 naira of that hundred Naira goes to pain the debt. There is no local manufacturing going on it is borrowing of money

Mckandre:
This obi's strategy is gonna say a lot about those who re bright and dull intellectually, to be honest it amazes me on how little reno thinks,really he's very shallow.

pquaver:


Can you tell me the exchange rate in 1999 in comparison to 2015? Do sane for the things you listed up there and rest

richidinho:


Before 2015, a bag of local rice was N4,000 was the country secured, did we generate more light than now, how about our roads?

omokab:
you must be one of the children on social media . a bag of local rice has never been sold 400k don't let anybody lie to you .I stayed in ebonyi then where local rice is been produced . A bag of local rice then was around 11k or thereabout .I mean good one not dirty one. You can only talk about the one with sand and stone that was very cheap. Then how many people have access to polish local rice then including the one that is fair (de stoned but not polish ) I remembered that I do bring it from ebonyi down to Ibadan when am travelling home.

alizma:

I didn't insult you o, please check my post again. I only said you should understand the topic before you comment. He said he will remove import restriction and in your defense you said he will TAX goods that can be produced locally or so, whereas tax is part of import restriction which he had already said he will remove. That was why I said you should check google first. That is not an insult because I do the same too when I am not too sure if I understand the subject of discussion.

BigIyanga:

From
11k to 40k is about 400% increase.. isnt that too much for u? Must we justify everything because of politics. Speak with ur wallet

Tinubuadvocate:
I have said it time without number that peter obi is senseless and dull.

JoeNL22:

Did the developed countries just wake up one day and said they will not allow imports in their country?......obviously no!......They still ran both local and international products in their economy. Don't be fooled. Japan was the number 1 in Asia before china took over. And how did they do it? They were importing raw materials from Japan. Now they became self sufficient and they stopped. The china you see today did not just ban imports from their country without ensuring they can do it themselves. It was systematic. They had a vision. They had a goal. That's what obi is trying to implement in Nigeria. He wants to create a systematic approach in solving problems in Nigeria and not the military tactics Buhari keeps using to solve Nigeria problems

Period007:
A tale of 2 former governors

What Thiefnibu gets from Lagos state government annually is more than Kebbi State annual budget.

alizma:

Thanks for bringing in this angle of the situation to defend his point however, we are looking at from the angle of finished products as well as those those products that their required raw materials can be sourced locally. If obi had define the category of restrictions he planned to remove, maybe that would have save us the argument but unfortunately he didn't and from my secondary school till this point, I am made to understand and I believe that one of the major policies to encourage local producer is import restriction.

Lionnation:
Reno no get sense, obi is talking about exporters not importers

penultimatee:
Okay,I stand with reno on this.How can we be importing what we can produce locally here in Nigeria.Its like we are empowering foreign currency on our own currency detriment.